The following table provides summary statistics for contract job vacancies advertised in the West Midlands with a requirement for Requirements Management skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Requirements Management over the 3 months to 23 March 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

3 months to
23 Mar 2017
Same period 2016 Same period 2015
Requirements Management
England / West Midlands
Rank 107 123 116
Rank change year-on-year +16 -7  
Contract jobs citing Requirements Management 9 7 6
As % of all contract IT jobs advertised in the West Midlands 0.39% 0.26% 0.24%
As % of the Processes & Methodologies category 0.49% 0.32% 0.33%
Number of daily rates quoted 4 1 4
Median daily rate £388 £500 £418
Median daily rate % change year-on-year -22.50% +19.76%  
90% offered a daily rate of more than £323 £500 £364
10% offered a daily rate of more than £418 £500 £476
UK excluding London median daily rate £409 £388 £385
% change year-on-year +5.48% +0.64%  
Number of hourly rates quoted 0 0 2
Median hourly rate - - £30.22
UK excluding London median hourly rate £45.00 £42.75 £40.00
% change year-on-year +5.26% +6.87%  

Requirements Management is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the West Midlands with a requirement for process and methodology skills.

Contract Process & Methodology Skills
West Midlands
Contract job vacancies with a requirement for process and methodology skills 1824 2198 1839
As % of all contract IT job vacancies advertised in the West Midlands 79.93% 82.51% 74.82%
Number of daily rates quoted 1167 1212 1042
Median daily rate £415 £400 £388
Median daily rate % change year-on-year +3.75% +3.22%  
90% offered a daily rate of more than £275 £275 £260
10% offered a daily rate of more than £523 £550 £538
UK excluding London median daily rate £410 £400 £399
% change year-on-year +2.50% +0.29%  
Number of hourly rates quoted 61 44 109
Median hourly rate £24.50 £18.00 £30.00
Median hourly rate % change year-on-year +36.11% -40.00%  
90% offered a hourly rate of more than £12.00 £10.74 £13.06
10% offered a hourly rate of more than £35.00 £35.00 £39.50
UK excluding London median hourly rate £36.00 £39.00 £30.00
% change year-on-year -7.69% +30.00%  

Requirements Management
Job Vacancy Trend in the West Midlands

The job posting trend of jobs advertised in the West Midlands citing Requirements Management as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Requirements Management in the West Midlands

Requirements Management
Contractor Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Requirements Management in the West Midlands.

Contractor daily rate trend for Requirements Management in the West Midlands

Requirements Management
Contractor Hourly Rate Trend in the West Midlands

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Requirements Management in the West Midlands.

Contractor hourly rate trend for Requirements Management in the West Midlands

Requirements Management
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Requirements Management within the West Midlands region over the 3 months to 23 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Coventry +4 4 £400 -
Warwickshire -4 2 £400 - 1
Requirements Management
England

Requirements Management
Top 30 Related IT Skills in the West Midlands

For the 6 months to 23 March 2017, IT contractor jobs citing Requirements Management also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the West Midlands region with a requirement for Requirements Management.

1 7 (58.33%) Use Case
2 5 (41.67%) Management Information System
2 5 (41.67%) Test Scripting
2 5 (41.67%) Translating Business Requirements
2 5 (41.67%) Analytical Skills
3 4 (33.33%) Automotive
4 3 (25.00%) Validation
4 3 (25.00%) Salesforce.com
5 2 (16.67%) Finance
5 2 (16.67%) Agile Software Development
5 2 (16.67%) Cash Management
5 2 (16.67%) Rational DOORS
5 2 (16.67%) Change Control
5 2 (16.67%) JIRA
5 2 (16.67%) Subversion
6 1 (8.33%) Prototyping
6 1 (8.33%) Virtual Team Management
6 1 (8.33%) Virtual Team
6 1 (8.33%) Issue Tracking
6 1 (8.33%) ISO26262
6 1 (8.33%) NICE Systems
6 1 (8.33%) SonarQube
6 1 (8.33%) Data Centre
6 1 (8.33%) Systems Analysis
6 1 (8.33%) Field-Programmable Gate Array
6 1 (8.33%) MS PowerPoint
6 1 (8.33%) SysML
6 1 (8.33%) Degree
6 1 (8.33%) SWOT Analysis
6 1 (8.33%) Computer Science

Requirements Management
Top Related IT Skills in the West Midlands by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (8.33%) Confluence
Applications
1 1 (8.33%) MS Excel
1 1 (8.33%) MS PowerPoint
1 1 (8.33%) MS Project
1 1 (8.33%) Simulink
1 1 (8.33%) Stateflow
1 1 (8.33%) TargetLink
Communications & Networking
1 1 (8.33%) Profibus
Development Applications
1 2 (16.67%) JIRA
1 2 (16.67%) Rational DOORS
1 2 (16.67%) Subversion
2 1 (8.33%) Atlassian Bamboo
2 1 (8.33%) Git (software)
2 1 (8.33%) SonarQube
General
1 4 (33.33%) Automotive
2 2 (16.67%) Finance
3 1 (8.33%) Aerospace
3 1 (8.33%) Banking
3 1 (8.33%) Electronics
Job Titles
1 7 (58.33%) Analyst
2 6 (50.00%) Business Analyst
3 2 (16.67%) Salesforce Analyst
3 2 (16.67%) Treasury Business Analyst
4 1 (8.33%) IT Manager
4 1 (8.33%) IT Project Manager
4 1 (8.33%) IT Services Manager
4 1 (8.33%) Network Analyst
4 1 (8.33%) Programme Manager
4 1 (8.33%) Project Manager
4 1 (8.33%) Salesforce Business Analyst
4 1 (8.33%) Senior IT Manager
4 1 (8.33%) Senior IT Programme Manager
4 1 (8.33%) Senior IT Project Manager
4 1 (8.33%) Senior Manager
4 1 (8.33%) Senior Programme Manager
4 1 (8.33%) Senior Project Manager
4 1 (8.33%) Senior Service Manager
4 1 (8.33%) Systems Engineer
4 1 (8.33%) Voice Recording Engineer
Miscellaneous
1 5 (41.67%) Analytical Skills
1 5 (41.67%) Management Information System
2 1 (8.33%) Computer Science
2 1 (8.33%) Data Centre
2 1 (8.33%) Field-Programmable Gate Array
2 1 (8.33%) Virtual Team
Operating Systems
1 1 (8.33%) VxWorks
Processes & Methodologies
1 7 (58.33%) Use Case
2 5 (41.67%) Test Scripting
2 5 (41.67%) Translating Business Requirements
3 3 (25.00%) Validation
4 2 (16.67%) Agile Software Development
4 2 (16.67%) Cash Management
4 2 (16.67%) Change Control
5 1 (8.33%) Continuous Integration
5 1 (8.33%) Issue Tracking
5 1 (8.33%) Migration
5 1 (8.33%) Prototyping
5 1 (8.33%) Release Management
5 1 (8.33%) Stakeholder Management
5 1 (8.33%) SWOT Analysis
5 1 (8.33%) SysML
5 1 (8.33%) Systems Analysis
5 1 (8.33%) Time Management
5 1 (8.33%) Unit Testing
5 1 (8.33%) Virtual Team Management
5 1 (8.33%) V-Model
Programming Languages
1 1 (8.33%) C
1 1 (8.33%) MATLAB
1 1 (8.33%) Python
Qualifications
1 1 (8.33%) Degree
1 1 (8.33%) PMP
1 1 (8.33%) SC Cleared
1 1 (8.33%) Security Cleared
Quality Assurance & Compliance
1 1 (8.33%) IEC 61508
1 1 (8.33%) ISO26262
Vendors
1 3 (25.00%) Salesforce.com
2 1 (8.33%) Atlassian
2 1 (8.33%) Avaya
2 1 (8.33%) Coverity
2 1 (8.33%) EMC
2 1 (8.33%) Microsoft
2 1 (8.33%) NICE Systems
2 1 (8.33%) PTC